Chris Christie Has Plenty to Be Embarrassed About, But This One Really Matters

Contrary to what Christie said in 2011, New Jersey has lost money as a result of exiting RGGI. The state lost out on $130 million in proceeds from auctions where RGGI sells emissions permits and could miss out on another $359 million by the end of 2020 if it doesn’t rejoin, according to estimates by the Acadia Center think tank. If the sum of that money were invested in energy efficiency programs, as RGGI is designed to facilitate, New Jersey would save 15.3 million megawatt hours of electricity, more than all the power produced by the state’s coal-fired plants from 2010 to
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Stepping Up Pace on Fighting Climate Change

Peter Shattuck, director of the Clean Energy Initiative at the Acadia Center, calls the agreement a major victory for bipartisan action to address climate change. “This shows that northeast states are stepping up to fill the void left by the Trump administration’s irresponsible and misguided efforts to roll back every major environmental protection on the books,” he states. RGGI estimates that extending the cap will bring carbon emissions in the region down 65 percent from 2009 levels. The Trump administration argues that environmental regulations hinder industrial development and economic growth. The nine RGGI states together comprise the sixth-largest economy in
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Environmentalists React to Regional Proposal to Cut Carbon Emissions

Peter Shattuck, director of the clean energy initiative for Acadia Center, said this proposal is what climate leadership looks like. “(Rhode Island) Governor Raimondo and other governors have really stepped up to fill the void of the Trump administration’s misguided and irresponsible decision to roll back all our major climate policies (and) to withdraw from the Paris Climate Agreement,” Shattuck said. […] From 2008 to 2015, RGGI states have seen 3.6 percent more economic growth than non-RGGI states and electricity prices have gone down 3.4 percent regionally, according to a report by Acadia Center. Read the full story from Rhode Island Public
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RGGI Agrees to Reduce Carbon Emissions by Another 30%

To prevent this, the states will further lower RGGI’s cap in 2021-2025 by the amount of excess allowances sold and banked between 2014 and 2020 (the same approach previously used to address banked allowances from 2009-2013). Our friends at Acadia Center estimate this could avoid an additional 48.5 million tons of carbon pollution (or more). Read the full blog post from NRDC on Microgrid Knowledge here.

Nine Northeast States Pledge More Power Plant Emissions Cuts

The Acadia Center has found RGGI states have reduced their emissions by 16 percent more than other states, the region’s economy grew 3.6 percent more than the rest of the country and energy prices fell by 3.4 percent, compared to a national rise of 7.2 percent. Read the full article from Power Engineering Magazine here.

Northeast Strengthens Carbon Goals as Federal Rules Fade

“If you add it up, the RGGI states are the sixth-largest economy in the world. This is a significant development,” said Peter Shattuck, who directs the clean energy initiative at the Boston-based Acadia Center. “It shows states picking up on climate action in the wake of the Paris withdrawal.” Read the full article from E&E News on Scientific American here.

CT, other states agree to tighter emissions cap

“Strengthening RGGI is one of the most effective and important steps to tackle climate pollution,” Peter Shattuck, director of Acadia Center’s Clean Energy Initiative, said in a statement. “Market based policies unleash the innovation and investment needed to achieve state climate targets and the goals of the Paris Agreement, and RGGI has shown just how well smart climate policy works.” Read the full article from the Hartford Business Journal here.

Carbon Cap Proposal Reflects Nine States’ Compromise

The coalition includes Calpine Corp., Exelon Corp., and Public Service Electric & Gas Company, in addition to the Natural Resources Defense Council and Acadia Center. Read the full article from Bloomberg BNA here.

Northeast states eye more stringent air pollution restrictions

Peter Shattuck of the Boston-based environmental group Acadia Center and director of the group’s Clean Energy Initiative, said the federal government’s withdrawal from international efforts to reduce greenhouse gasses “has created a void that is being filled by the states through groups like RGGI.” Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island and Vermont are Connecticut’s partners in RGGI, which makes the group a formidable force in international efforts to reduce global warming, according to Shattuck. “The RGGI states combined represent the sixth-largest economy in the world,” he said. Acadia Center is a Boston-based environmental group with offices
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